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Gide advises Crédit Agricole S.A. on the sale of its residual 15% stake in Crédit du Maroc (Gide News & Insights)
: Gide advised Crédit Agricole SA on the sale to the Holmarcom group (Holmarcom Finance City) of the second and final 15% tranche of its stake in Crédit du Maroc, a Moroccan bank listed on the Casablanca stock exchange. This transaction follows the sale by Crédit Agricole SA of the first tranche of 63.7% of its stake in Crédit du Maroc on 6 December 2022. Following this transaction, Crédit Agricole no longer holds any shares in Crédit du
Gide advises Banque Européenne d'Investissement on the establishment of a management trust by Carmat as part of the agreement reached with its financial creditors on new repayment terms for its bank loans (Gide News & Insights)
: Gide advised the European Investment Bank on the setting-up of a management trust enabling the start of the "equitization" of the first tranche of the loan contracted by Carmat with the European Investment Bank (the " EIB ") on December 17, 2018, for a total amount of €30 million, as part of the agreement reached between Carmat and its financial creditors, including the EIB, on new repayment terms for all its bank
Gide advises on CIC Private Debt’s debut CLO (Gide News & Insights)
: Gide has advised CIC Private Debt on the pricing of its first Collateralised Loan Obligation (“CLO”), Victory Street CLO I DAC, a CLO vehicle totalling €304.89 million. Gide is proud to have assisted our valued client CIC Private Debt on the pricing of this milestone transaction, which received an incredible response in the market. Morgan Stanley acts as arranger on the transaction advised by Paul